Australia has not vowed to help the US defend Taiwan in the submarine deal

SYDNEY, March 19 (Reuters) – Australia has “absolutely” not pledged to support the US in a military conflict over Taiwan in exchange for a deal to acquire US nuclear-powered attack submarines, Australian Defense Secretary Richard Marles said on Sunday. Australia, the US and Britain unveiled the multi-year AUKUS project on Monday. Canberra is to buy … Read more

Ukraine can still supply troops in battered Bakhmut, the army says

KYIV, March 18 (Reuters) – Ukrainian troops outside the battered eastern city of Bakhmut are managing to hold off Russian units so ammunition, food, equipment and medicines can be delivered to defenders, the army said on Saturday. And in the latest claim that Kiev inflicted heavy casualties, Kiev said its troops had killed 193 Russians … Read more

Former Prime Minister of Pakistan Imran Khan is due to appear in court amid fears of arrest

ISLAMABAD, March 18 (Reuters) – Former Prime Minister of Pakistan Imran Khan was due to appear in court on Saturday after he expressed fear of arrest in a standoff with the government that has led to intense clashes with his supporters. Police entered Khan’s home in Lahore city after he left for his trial in … Read more

Thousands protest in Belgrade against the Western-backed Serbia-Kosovo deal

BELGRADE, March 17 (Reuters) – Several thousand people gathered in Belgrade to protest a Western-backed deal to normalize ties between Kosovo and Serbia, which they see as recognition of Kosovo’s independence. The Serbian constitution considers Kosovo to be an integral part of its territory, even though it declared independence in 2008 with support from the … Read more

Credit Suisse meets to weigh options, under pressure to merge with UBS

March 18 (Reuters) – Credit Suisse Group AG (CSGN.S) embarked on an all-or-nothing weekend after some rivals became cautious in their dealings with the bank as regulators urged the bank to pursue a deal with Swiss rival UBS AG (UBSG. S). Credit Suisse Chief Financial Officer Dixit Joshi and his teams will hold meetings over … Read more

As a show of unity, NATO and EU leaders visit the North Sea gas platform

TROLL A PLATFORM, North Sea, March 17 (Reuters) – Heads of NATO and the European Commission flew to a platform in the North Sea on Friday to discuss security of supply and infrastructure, a visit that underlined Norway’s importance to gas transports since the invasion from Russia in Ukraine. The Troll A platform extracts gas … Read more

ICC judges issue arrest warrant for Putin for war crimes in Ukraine

AMSTERDAM, March 17 (Reuters) – The International Criminal Court (ICC) on Friday issued an arrest warrant against Russian President Vladimir Putin, accusing him of responsibility for the war crime of the illegal deportation of children from Ukraine. Moscow has repeatedly denied allegations that its troops committed atrocities during its year-long invasion of its neighbour. The … Read more

ECB watchdog sees no contagion of Europe after US and Swiss bank rescues

March 17 (Reuters) – European Central Bank regulators see no contagion for eurozone banks from the recent turmoil, a source said Friday, after US lenders First Republic Bank (FRC.N) tossed a $30bn lifeline and record amounts from the Federal Reserve. To book. Major US banks stepped in on Thursday to bail out the San Francisco-based … Read more

Slovakia sends MIG-29 fighter jets to Ukraine – PM

March 17 (Reuters) – Slovakia on Friday became Ukraine’s second ally to supply MIG-29 fighter jets, which Kiev says are crucial to fighting off Russia’s years-long invasion. Slovakia joined Poland, which announced delivery of the planes on Thursday. Both NATO members border Ukraine. The fleet of 11 MiG-29 aircraft was decommissioned last summer and most … Read more

Asian markets are oozing with banking turmoil to end a tumultuous week

Asian Stock Markets: The ECB delivered a 50 basis point hike as promised, dropped forecasts Credit Suisse shares rallied 20% after support from the SNB First Republic Bank Gets $30 Billion Injection, Concerns Remain Fed data showed banks were looking for record emergency liquidity SYDNEY, March 17 (Reuters) – Asian markets extended a risk rally … Read more